Which UK banks process bitcoin transactions?

Kprawn

legendary

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Have you tried any of the banks under the Barclays group? I have a friend that dealt with a bank under the Barclays group and he said he had no

problems with withdrawal to his bank account, when he converted bitcoins via his regulated exchange. I think the banks under the R3 group will

all stick together and block Bitcoin linked transactions. They want people to use their shitty super ledger in future. Roll Eyes

gentlemand

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Welt Am Draht

Quote from: Taki on February 13, 2017, 12:13:27 PM

I didn't hear any news that any bank works with bitcoin already. Can you post here the link about this information? It sounds very interesting.

They don't. We're talking about deposits and withdrawals to exchanges. Barclays were talking about working with Bitcoin via Safello for charitable donations a while back but that seems to have gone quiet.

Taki

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I didn't hear any news that any bank works with bitcoin already. Can you post here the link about this information? It sounds very interesting.

bitjoin

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Ive used llyods before to deposit but no withdraws to banks so far cause of hodl. Could try fidor bank though.

gentlemand

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Welt Am Draht

I've received from Natwest in the past without a squeak but that was only once. If you do it all the time then you're likely to get some trouble somewhere along the line.

Fidor is the one but they don't sound like they're full service yet. I don't think they're linked into faster payments and there aren't any individual account numbers or something equally strange. I'm sure they'll have the confirmed answers. I get the feeling if Fidor becomes too Bitcoin friendly they'll be shut out of playing with everyone else.

hjordan

newbie

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London.

MadGamer

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I never used any of them but from the look of it and posts I've seen , both Santander UK and Fidor Bank should be bitcoin and crypto friendly. It's better to contact both of them and make sure though.

Jet Cash

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https://JetCash.com

Where are you in the UK? I'd like to buy some Bitcoin for cash, or by bank transfer from Nationwide.

hjordan

newbie

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I tried to withdraw fiat from Bitstamp to Santander, but Santander won't process it.
I called Marks and Spencer bank run by HSBC and they won't deal with bitcoin either.
Which UK banks, if any, are bitcoin friendly?

Topic: Which UK banks process bitcoin transactions? (Read 845 times)